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Press Releases

S DEADLINE ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages SentinelOne, Inc. Investors to Secure Counsel Before Important August 7 Deadline in Securities Class Action – S

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SentinelOne, Inc. (NYSE: S) between June 1, 2022 and June 1, 2023, both dates inclusive (the “Class Period”), of the important August 7, 2023 lead plaintiff deadline.

SO WHAT: If you purchased SentinelOne securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the SentinelOne class action, go to https://rosenlegal.com/submit-form/?case_id=16897 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 7, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) SentinelOne lacked effective internal controls over accounting and financial reporting; (2) as a result, SentinelOne’s Annualized Recurring Revenue (“ARR”) was overstated; (3) as a result, SentinelOne’s guidance was overstated; and (4) as a result of the foregoing, defendant’s positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SentinelOne class action, go to https://rosenlegal.com/submit-form/?case_id=16897 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8887088

Categories
Press Releases

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Rain Oncology Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – RAIN

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rain Oncology Inc. (NASDAQ: RAIN) between July 20, 2021 and May 19, 2023, both dates inclusive (the “Class Period”), of the important September 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Rain securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Rain class action, go to https://rosenlegal.com/submit-form/?case_id=17859 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 12, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Rain concealed risks inherent in the design of its Phase 3 MANTRA study particularly with regard to proceeding directly to Phase 3 from Phase 1; and (2) as a result, Rain’s statements about the trial and the likelihood of U.S. Food and Drug Administration (“FDA”) approval were materially misleading during the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Rain class action, go to https://rosenlegal.com/submit-form/?case_id=17859 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8887092

Categories
Press Releases

EB5 Capital’s Columbia Place (JF9) Project Receives I-829 Approvals

WASHINGTON, Aug. 03, 2023 (GLOBE NEWSWIRE) — Today, EB5 Capital announced that investors in its Columbia Place (JF9) project have started receiving I-829 approvals from the United States Citizenship and Immigration Services (USCIS). These approvals signify the investors’ eligibility for permanent residency, as they demonstrate the successful creation of at least ten full-time jobs for the US economy through their EB-5 investment.

Columbia Place is a distinguished dual-branded Courtyard and Residence Inn by Marriott International, adjacent to the Marriott Marquis and Walter E. Convention Center in Washington, DC. The project, a 13-story development, is comprised of 504 hotel rooms, 10,000 square feet of shared meeting space, 7,000 square feet of ground-floor retail, and rooftop amenities. The development preserved and integrated eight historic buildings.

“Reaching the I-829 approval stage is a critical milestone in the EB-5 immigration process,” said Molly FitzGerald, Director of Investor Communications and Engagement at EB5 Capital. “It indicates to USCIS that the project was built, the jobs were created, and the investors are now eligible for permanent residency. We are pleased with this first approval notice, and we look forward to receiving additional approvals from USCIS soon.”

EB5 Capital successfully raised $40.5 million to support the development of Columbia Place before its grand opening to the public in November 2018. Including Columbia Place, EB5 Capital has funded 13 hotel projects across the US, nine of which proudly operate under the Marriott brand name. Columbia Place is one of many EB5 Capital projects contributing to job creation and economic growth in DC, further demonstrating EB5 Capital’s commitment to making a positive economic impact wherever it invests.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). As one of the oldest and most active Regional Center operators in the country, the firm has raised approximately one billion dollars of foreign capital across more than 35 EB-5 projects. Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 70 countries. Please visit www.eb5capital.com for more information.

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com

GlobeNewswire Distribution ID 8887179

Categories
Press Releases

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Party City Holdco Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action– PRTY, PRTYQ

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Party City Holdco Inc. (NYSE: PRTY) (OTC: PRTYQ) between November 8, 2022 and June 9, 2023, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 2, 2023.

SO WHAT: If you purchased Party City securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Party City class action, go to https://rosenlegal.com/submit-form/?case_id=18067 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 2, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, the defendants: (1) affirmatively misrepresented that its capital resources “will be adequate to meet our liquidity needs for at least the next 12 months”; (2) omitted that there was substantial doubt about the Company’s ability to continue as a going concern; (3) downplayed the nature and extent of the Company’s then existing liquidity problems; (4) omitted that the Company’s existing credit facilities were insufficient to satisfy its operational needs and that it was unable to obtain additional loans in the normal course of business and ; (5) omitted that there was a material weakness in its internal control over financial reporting. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Party City class action, go to https://rosenlegal.com/submit-form/?case_id=18067 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8887087

Categories
Press Releases

Abu Dhabi’s artificial intelligence university establishes dedicated robotics and computer science departments to meet surging global demand

MBUZAI Students

ABU DHABI, United Arab Emirates, Aug. 03, 2023 (GLOBE NEWSWIRE) — Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has established two new departments and four associated graduate programs dedicated to robotics and computer science, catering to the surging global demand for these disciplines, which is expected to hit USD $225 billioni and $140 billion, respectively, by 2030ii.

The new departments complement the university’s existing computer vision (CV), machine learning (ML), and natural language processing (NLP) departments, which are ranked among the top 20 globally by CSRankings.

Aligned with the formation of the new departments, the university has launched master’s and Ph.D. programs in robotics and computer science. These programs will help further develop the UAE’s wider AI ecosystem and strengthen its position as an international hub for AI research and innovation.

MBZUAI President and University Professor, Eric Xing, said: “The addition of these two new departments represents MBZUAI’s lasting effort in developing a solid foundation for research excellence and innovation in artificial intelligence. The university will continue to bring into Abu Dhabi world leading faculty and researchers in the fields and to empower students to become pioneers with highly sought-after skills in developing advanced AI tools and applications across industries. Given the digital renAIssance we find ourselves in, skills in these disciplines are increasing in demand.”

The Robotics Department will focus on rigorous, high-impact, original research, emphasizing robot learning and robot algorithms rather than the development of new robot hardware. The Computer Science Department will provide unparalleled technical depth in the foundational technologies that have given rise to the phenomenal growth and impact of IT in the past four decades.

MBZUAI Acting Provost, Professor Timothy Baldwin, said: “MBZUAI is at the forefront of AI education and research, making our programs distinctive and globally competitive. The Robotics Department will focus on human-centered and autonomous robotics research, as well as the development of the next generation of robotics practitioners with deep skills in both AI and robotics, supporting careers at the cutting edge of academia, industry, and government.”

Robotics is a transformative technology, revolutionizing sectors such as manufacturing, healthcare, agriculture, and transportation. Research indicates strong demand for robotics expertise in the coming years, with the robotics technology market expected to surpass US$225.6 billion in value by 2030iii. This demand will be critically hampered by a predicted global talent shortage, with up to 85 million jobs potentially going unfilled by 2030 due to a lack of skilled people to fill themiv. Similarly, the global computer science job market is also booming, with projections of a 14.5% CAGR from 2021 to 2027 and an estimated 3.5 million jobs by 2026v.

Applications for the 2024 admissions year will open on September 1, 2023. For more information, visit mbzuai.ac.ae or contact admissions@mbzuai.ac.ae


Precedence Research
ii Precedence Research
iii Precedence Research
iv Korn Ferry
v CS job market projections (The Most Surprising Computer Science Job Statistics And Trends in 2023 • GITNUX)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eb82e469-758c-46ca-b84c-ddeb1502171d

GlobeNewswire Distribution ID 1000833037

Categories
Health

Bronze medal for Syria at Asian Weightlifting Championship 2023

Syrian weightlifter Ali Mohammad won a bronze medal at 2023 Asian Youth and Junior Weightlifting Championships being held in the Indian city of New Delhi.

Athlete Mohammad al-Kateb has already obtained 3 bronze medals at weightlifting Championship, while weightlifter Ahmad al-Shamma’a came forth.

Source: Syrian Arab News Agency

Categories
Market

The World Bank Halts Operations in Niger

The World Bank has announced the suspension of its operations in Niger following the military coup that took place in the country last week, resulting in the ousting of President Mohamed Bazoum.

In a statement today, the World Bank expressed concern over efforts to overthrow the democratically elected government in Niger, declaring a halt to all its funding operations there until further notice, with the exception of its partnerships with the private sector. The bank noted that these operations with the private sector will continue with caution.

Last Friday, General Abdoulkader Chiani, the head of the presidential guard in Niger, declared himself as the country’s ruler after the coup against elected President Mohamed Bazoum. Chiani justified this move by citing deteriorating security situation in his country, which faces violence instigated by armed groups.

The military coup in Niger has sparked angry international reactions, with warnings about its potential implications for the security of the Sahel region and humanitarian concerns. The Economic Community of West African States (ECOWAS) member countries imposed economic sanctions and travel restrictions on the new military leaders in Niger, threatening the use of force if President Mohamed Bazoum is not reinstated within a week.

France and the European Union have also suspended all financial aid to Niger.

Source: Qatar News Agency

Categories
General

ECOWAS Sends Delegation to Niger to Negotiate with Military Council

The Economic Community of West African States (ECOWAS) sent a delegation to Niger on Wednesday to negotiate with the ruling military council in the country, hoping for a diplomatic solution to the crisis caused by the removal of President Mohamed Bazoum in a military coup last week.

The ECOWAS has imposed sanctions on Niger and said it could authorize the use of force if the coup leaders do not reinstate elected President Mohamed Bazoum within a week.

“The military option is the very last option on the table, the last resort, but we have to prepare for the eventuality,” said Abdel-Fatau Musah, ECOWAS commissioner for political affairs, peace and security.

“There is a need to demonstrate that we cannot only bark but can bite,” he added.

The delegation to Niger is being led by former Nigerian president Abdulsalami Abubakar.

Meanwhile, ECOWAS defense chiefs began a two-day meeting in neighboring Nigeria.

Source: Qatar News Agency

Categories
Government

Syria, Iran discuss monetary and banking bilateral cooperation

The Syrian delegation in Tehran headed by Minister of Economy and Foreign Trade, Samer al-Khaleel, discussed with governor of the Central Bank of Iran (CBI), Mohammad-Reza Farzin, the measures taken recently in the domain of monetary and banking.

The Development of banking cooperation is the base for developing the trade and investment one, as per al-Khaleel who hailed the accelerated and significant steps taken in light of the directives of the Presidents of Syria and Iran, particularly in terms of the establishment of the joint bank and bartering and clearing mechanism.

Al-Khaleel attached great importance to dealing in the national currency in a way contributing to increasing the trade exchange which may be reflected positively on the investment side.

Farzin, in turn, stressed the importance of such cooperation, referring to the advanced place reached by the Iranian electronic banks and card network.

He reiterated that CBI is ready for the bilateral cooperation with Syria in this domain.

Source: Syrian Arab News Agency

Categories
General

UAE Opens Coordination Office for Foreign Aid in Chad

The second coordination office for UAE foreign aid was inaugurated in the Chadian city of Amdjarass, as part of the UAE’s continuous efforts to provide assistance to the Chadian people and support endeavors to provide humanitarian and relief aid through the UAE’s humanitarian institutions to Sudanese refugees in Chad.

His Excellency Sultan Mohammed Al Shamsi, Assistant Minister for Development and International Organizations Affairs, said: The establishment of the office is a continuation of the successful efforts to facilitate effective relief operations and strengthen the governance of foreign aid. The UAE has implemented Cabinet Resolution No. 5/4 of 2022 to enhance coordination between the UAE’s foreign aid donors, as well as to establish coordination offices in the UAE’s missions abroad to collaborate with foreign aid affairs in countries receiving UAE assistance.”

Furthermore, His Excellency Al Shamsi highlighted the important roles of the coordination offices to enhance the efficiency and competitiveness of aid in accordance with best international standards, such as supervising the UAE’s foreign aid file in beneficiary countries and coordination of UAE donors to ensure effective coordination and continuous follow-up on aid projects and programs.

His Excellency and the accompanying delegation visited the UAE field hospital in Amdjarass for an overview of the health services provided there. Since opening, the hospital has received 2,841 cases.

The opening ceremony of the office was attended by Isaac Maloua Gamous, Governor of Ennedi State in eastern Chad, and Ali Mohamed Al-Breiki, Director of the UAE Aid Coordination Office in Chad, along with representatives from UAE humanitarian institutions and agencies.

Source: Ministry of Foreign Affairs and International Cooperation